Askari Bank Limited Reports Loss of Share Certificates

Karachi: Askari Bank Limited has announced the misplacement of several share certificates, affecting a total of 575 shares, according to a report released on August 20, 2026, by CDC Share Registrar Services Limited.

The bank has identified the shareholder involved in the incident as Mr. Zahid Zahoor, linked to folio number 4524. A total of six share certificates, numbered from 52577 to 52581 and distinctive numbers ranging from 20255501 to 20256000, have been reported lost or misplaced. Additionally, 75 shares linked to folio number 811285, with certificate numbers from 1260590943 to 1260591017, are also unaccounted for.

According to information available from the Pakistan Stock Exchange (PSX), the total number of shares affected by this loss amounts to 575. The PSX has been advised to circulate this information among its members, warning them against dealing in the specified share certificates.

The company has stipulated a three-day period following the notice's circulation by the PSX for any objections to be raised. If no objections are received during this timeframe, Askari Bank Limited will proceed to issue duplicate share certificates to the concerned shareholder(s), after which no further claims will be entertained.

The designated market category for this announcement remains undisclosed, although the notice is a critical reminder for stakeholders to maintain vigilance in the safeguarding of financial instruments.